Answer:
$3.389
Explanation:
Data provided as per the question below
Fixed cost = $300,000
Variable cost = $200,000
Total cost = $500,000
Units produced = 59,000
The computation of variable cost per unit is shown below:-
Variable cost per unit = Variable cost ÷ Units produced
= $200,000 ÷ 59,000
= $3.389
Therefore we applied the above formula.
Answer:
$245,000
Explanation:
Total assets for Tom Smith Corporation can be calculated as follows:
Cash $5,000
Machinery, $50,000
Depreciation Machinery ($25,000)
Building $150,000
Depreciation Building, ($35,000)
Savings $10,000
Accounts receivable, $30,000
Inventory $10,000
Land $50,000
Total Assets $245,000
Answer:
The consumer surplus $3612.5.
Explanation:
There are 100 consumers. They value the concert tickets between $1 to $100. The sale price of the tickets is $15. At this price unlimited tickets are available.
The number of people who will purchase tickets
= 100 - 15
= 85
This is the equilibrium quantity of tickets.
The consumer surplus is the difference between the price that the consumer is willing to pay and what he has to actually pay. It can be found by calculating area between the market price and the demand curve.
Consumer's surplus
= 
= 
= $3612.5
=
Answer:
Its important to diversify because it can help an investor manage risk and reduce the volatility of an asset's price movements. If his high risk investment backfires hes left with almost nothing, diversifying can give him a safety blanket just incase. The many ways he can diversify include, but aren't limited to, Use asset allocation or target date funds, Invest in a mix of mutual funds or ETFs, Customize with individual stocks and bonds, Vary company size and type, Invest abroad, and add complexity.
Explanation:
Answer:
NONE
Explanation:
The BLS investment do not qualifies to use the equity-method as his percent of the comany's are below 20%
The investment will yield a gain for Leo when it distribute dividends and from the change in the market value of the share.
Their investment is valued at cost, it do not recognize gains for the company's income or losses.
